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Strike’s goal is to broaden the use of Bitcoin (BTC-USD) as a medium of exchange. In 2021, the cumulative number of bitcoin transfers climbed by 463%. March’s incredible BTC rally ended with a minor correction before the commencement of the Bitcoin 2022 conference in Miami. A notable crypto trading expert,
Central bank of Honduras refuses to back up cryptocurrency transactions. The first crypto ATM was installed in Honduras in August of last year. Honduran authorities say that Bitcoin and other cryptocurrencies are now legal money in a special economic zone on a Caribbean island. In order to stimulate investment, a
PoW mining will be phased out in favor of PoS this summer. Cuban had urged newcomers to the crypto world to invest in ETH. Ethereum’s change from a proof-of-work approach to a proof-of-stake has two major benefits for American billionaire Mark Cuban. He thinks the so-called Merge will dramatically reduce
El Salvador is also working with Samson Mow on Bitcoin bonds. If Mexico accepts Bitcoin as legal money, the results will be significant. Ex-Blockstream CSO Samson Mow disclosed the Bitcoin adoption ambitions of major countries on Thursday. One of these countries is Mexico, whose President has invited Mow to speak
Roatan, a Caribbean Island in Honduras, is the first location mentioned by Mow. Madeira, an autonomous part of Portugal, will be the next state. Samson Mow, the former chief strategy officer of Blockstream, announced at the Bitcoin 2022 conference in Miami, naming three additional countries adopting or seeking to adopt
The alliance is now operational and a significant step toward widespread BTC use. Robinhood, Kraken, and Bitpay have integrated the Lightning Network. Zap creator Jack Mallers has announced that his Lightning Network wallet, Strike, has teamed with Shopify, NCR, and Blackhawk Network, bringing Bitcoin back to its fundamentals. Bitcoin’s Lightning
$2,500 to a random follower if Bitcoin does not reach $50,000 by April 20. Bitcoin is down 4.07% in the last 24 hours. Following Wednesday’s decline, Bitcoin showed indications of recovery as aggressive statements from the U.S. Federal Reserve failed to alleviate market concerns about inflation in the coming months.
The recent uptick in ETH burning seems to be fueled by an increase in NFT minting. The significant contribution was revealed on Twitter by the two fundraising groups. To aid Ukraine’s battle against Russian aggression, Ethereum co-founder Vitalik Buterin has contributed $5 million in Ethereum to two charitable charities. The
Grayscale CEO Michael Sonnenshein reiterated his call for a Bitcoin spot ETF. ProShares just filed for their Short Bitcoin Strategy ETF with the SEC. Institutional investors may now invest in Bitcoin in a new method. The SEC has approved a fourth Bitcoin futures exchange-traded fund (ETF) overnight, according to a
Several firms are seeking to get an ETF for Bitcoin off the ground. The SEC approved Teucrium’s ETF on Wednesday. Teucrium can now issue an exchange-traded fund based on bitcoin futures as approved by the U.S. Securities and Exchange Commission. The SEC approved Teucrium’s ETF on Wednesday, joining a long
